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Fiscal policy
...Defination of Fiscal Policy:Fiscal policy is an additional method to determine public revenue and public expenditure. In the recent years importance of fiscal policy has increased due to economic fluctuations. Fiscal policy is an important instrument in the modern time. According to Arther Simithies fiscal policy is a policy under which government uses its expenditure and revenue programme to prod.... 
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Monetary standards
...The way the currency of a country is issued, managed and regulated called the monetary system of the country. Monetary standards may be of different kinds. 1. Monometallism:If one metal is the ultimate measure of value in the country standard will be metallic. If one metal is the standard that monometallism. If that metal is gold it will be called gold standard similarly if that is silver it will .... Read
Role of commercial banks in the economic development of a country
...ects economic development. A low rate of interest can encourage investment. The credit creation activity can raise aggregate demand which leads to more production in the economy.(7) Implementation of monetary policy. The central bank of the country controls and regulates volume of credit through the active cooperation of the banking system in the country. If helps in bringing price stability and p.... Read
Kinds of inflation
...d creating new money (Deficit financing), the purchasing power of the community increases without a simultaneous increase in the production of goods. This leads to rise in the general price level.(v) Monetary inflation. Milton Firedman is of the firm view that inflation is always and anywhere a monetary phenomenon. According to him, inflation is caused by a too rapid increase in the money supply a.... Read
Importance of money market
...IMPORTANCE OF MONEY MARKETIf the money market is well developed and broad based in a country, it greatly helps in the economic development of a country. The central bank can use its monetary policy effectively and can bring desired changes in the economy for the industrial and commercial progress in the country. The importance of money market is given, in brief, as under:(i) Financing Industry: A .... Read
Remedies of inflation
...cial and economic effects on the economy, it is the main objective of every government to take appropriate measures to control inflation. The main measures which are used to control inflation are (1) Monetary Policy (2) Fiscal Policy and other measures:(1) Monetary PolicyMonetary policy is a policy that influences, the economy through changes In the ‘money supply and available credit Monetary po.... Read
Cash balance approach to the quantity
... 5 x 10000 5 p rupee.(2) Keyne’s Equation:J. M. keynes “A Treat on Monetary Reform” has given equation to the theory mainly with reference to consumer goods. His equation to the quantity theory of money is n = Pk or P = n .... Read
Inflation in pakistan
...o curb the non development expenditures. The lavish expenditures by the elected representatives and the government functionaries have contributed to the inflationary rise in general prices.(ii) Rapid monetary expansionDuring the last three years, the growth in monetary asset has outstripped the rise in nominal GDP. The easy monetary policy adopted to kick start the stagnant economy has led to the .... Read
The phases of business cycle
...ent booms and depressions in the capitalistic world. However, after the World War-Il, the strong cyclical upswings and downswings have been considerably tamed by the timely applications of fiscal and monetary measures. The fluctuations in economic activity are now moderate. Consequently, the term economic expansion and economic contraction are used now for the terms boom and recession.Business flu.... Read
Functions of state bank of pakistan
...e been transferred to State Bank of Pakistan Banking Services Corporation from Jan., 2, 2002. The State Bank of Pakistan will continue performing its four basic functions (i) Framing and operation of monetary policy (ii) Regulations and supervision of banks and financial institutions (iii) Foreign exchange management and (iv) Settlements of payments and accounts. The basic functions performed by S.... Read
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...t and best networking equipment, Linksys routers are the to the highest degree common and trusted routers on the market place today. Regular the to the lowest degree pricy Linksys router does to full monetary standards, and you may fairly require it to establish age of great service. Linksys routers likewise duller one among the best for do-it-yourselfers to establish.The daisy range of mountains .... Read
Bptp spacio park serene sector 37d gurgaon
...BPTP LAUNCHES SPACIO @ sec 37D Gurgaon
BPTP ltd a real estate development company in India is undertaking wide range of projects including integrated town ships, residential & commercial complex, retail spaces, IT parks and SEZ'S. BPTP Ltd today has its presence throughout the NCR and beyond including Faridabad, Gurgaon, and Noida & Greater Noida. The company is gradually spreading its footpr.... Read
Methods of exchange control
...ts this method of exchange control for temporary solving its payments problems.(3) International Liquidity. For solving the availability of internationally acceptable means of payments, International Monetary Fund, Special Drawing Rights (SDR’s) Scheme etc. (IMF) have been established.Linking rupees with a basket of currenciesAt present Pakistani rupee is linked with a small group of chosen curr.... Read
Role of commercial banks in the economic development of pakistan
...ntry.4. Creating climate for capital formation. A developed banking system is a stimulant to growth and is creating favourable climate for capital formation in the country.5. Helping SBP in achieving monetary policies. The commercial banks under the supervision and guidance of the State Bank of Pakistan help in implementing and achieving the objectives of the monetary policy which vary from time t.... Read
Methods of note issue
...Methods of Note IssueBoth the principles of, note issue mentioned above, have serious defects. The monetary experts’ by coordinating the advantages of both the principles have evolved various systems or methods of notes issue. The main systems of note issue prevalent in different countries of the world are (1) Partial Fiduciary System. (2) Proportional Reserve System. (3) Minimum Reserve System..... Read
Mint par parity theory of exchange rate
...o of weights of metal 1$4.866 was called the mint parity. The mint par between England and France was oe 1=25.24 Francs at that time.The mint par was a fixed rate. It remained constant so long as the monetary laws of the country remained unchanged. The current or the market rate of exchange, however, fluctuated from time to time due to changes in the balance of payments of the respective countries.... Read
Monetary policy in algeria
...The definition of monetary policy:
It is The control of the demand for, and supply of, money as a means of controlling the economy. The main tool of monetary policy is the level of interest, essentially the price of money, which a government can influence through its debt financing activities on the open market.
It is the plan undertaken by a central bank, such as the Central bank in Algeria, t.... Read
Ignou books publisher
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About IGNOU
Indira Gandhi National Open University came into being on September 20, 1985, by an Act of Parliament (1985) to achieve the following objectives:
democratizing higher education by taking education to the doorsteps of the learners;
providing access to high quality education to all those who seek it irrespective of age, region or formal qualifications;
offering .... Read
Federal reserve board boots finally fell
...Federal Reserve Board boots finally fell, which makes him nervous stock market rebound to be stabilised. United States time to 3 November, the Fed decided to introduce a second quantitative easing monetary policy, by the end of June next year, the Fed will direct from market to buy 6000 million bond to inject liquidity to the market. This figure, and prior to that market expectations generally con.... Read
New flats in bptp spacio sector 37d gurgaon
...BPTP LAUNCHES SPACIO @ sec 37D Gurgaon
BPTP ltd a real estate development company in India is undertaking wide range of projects including integrated town ships, residential & commercial complex, retail spaces, IT parks and SEZ'S. BPTP Ltd today has its presence throughout the NCR and beyond including Faridabad, Gurgaon, and Noida & Greater Noida. The company is gradually spreading its footpr.... Read
